Senate debates

Wednesday, 24 February 2010

Questions without Notice

Economy

2:06 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

Government debt will rise to 73 per cent in 2007 and to 109 per cent in 2014. The IMF recommends that there should be debt reduction to 60 per cent of GDP. Of course, Australia has the lowest government debt of any advanced economy. (Time expired)

Comments

No comments